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This fund is designed to help investors withstand wild market swings
Finance
Jennifer Garner’s baby food company Once Upon a Farm files for IPO on NYSE
Key Points Once Upon a Farm, the baby food company co-founded by actor Jennifer Garner, filed for IPO under the ticker “OFRM” on the NYSE. Goldman Sachs and J.P. Morgan are acting as joint lead underwriters. The Berkeley-based company increased its six-month revenue as of Jun. 30 by 66% according to its IPO filing. Source
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Finance
Wealthfront files for IPO, joining wave of fintech firms going public in 2025
Key Points Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday. It’s the latest in a wave of fintech firms going public this year after the likes of Chime and Klarna. Source
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Finance
Why an analyst downgrade of Wells Fargo does not change our conviction in the stock
Wells Fargo shares have more in the tank despite a downgrade from Wall Street analysts, according to Jim Cramer. The news Morgan Stanley analysts on Monday lowered their Wells Fargo rating to an equal weight hold from an overweight buy. They cited a lack of catalysts for the stock now that Wells Fargo’s $1.95 trillion […]
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